STOCK TITAN

DEWALT POWERSHIFT™ System Named to TIME's List of the Best Inventions of 2024

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

DEWALT's POWERSHIFT™ System has been named one of TIME's Best Inventions of 2024, recognized in the sustainability category. The system, which produces up to 60% less CO2e emissions during use compared to gas-powered equipment, is the only tool manufacturer entry on the list. The six-piece cordless equipment system optimizes concrete jobsite workflow through electrification, eliminating gas-powered equipment hassles while maintaining performance. The system helps construction companies achieve compliance with government mandates regarding gas equipment and represents DEWALT's commitment to sustainable jobsite solutions.

Il Sistema POWERSHIFT™ di DEWALT è stato nominato uno delle migliori invenzioni del 2024 di TIME, riconosciuto nella categoria sostenibilità. Il sistema, che produce fino al 60% in meno di emissioni di CO2e durante l'uso rispetto agli attrezzi alimentati a gas, è l'unico produttore di attrezzi presente nella lista. Il sistema di attrezzature cordless in sei pezzi ottimizza il flusso di lavoro nei cantieri in cemento attraverso l'elettrificazione, eliminando i problemi legati agli attrezzi a gas, pur mantenendo le prestazioni. Il sistema aiuta le aziende di costruzione a soddisfare i requisiti normativi riguardanti l'attrezzatura a gas e rappresenta l'impegno di DEWALT verso soluzioni sostenibili per i cantieri.

El Sistema POWERSHIFT™ de DEWALT ha sido nombrado uno de las Mejores Invenciones de 2024 de TIME, reconocido en la categoría de sostenibilidad. El sistema, que produce hasta un 60% menos de emisiones de CO2e durante su uso en comparación con herramientas de gasolina, es la única entrada de fabricante de herramientas en la lista. El sistema de equipos inalámbricos de seis piezas optimiza el flujo de trabajo en la obra de concreto a través de la electrificación, eliminando las molestias de los equipos a gasolina mientras mantiene el rendimiento. El sistema ayuda a las empresas de construcción a cumplir con los mandatos gubernamentales respecto al equipo de gas y representa el compromiso de DEWALT con soluciones sostenibles para obras.

DEWALT의 POWERSHIFT™ 시스템2024년 TIME 최고의 발명품 중 하나로 선정되었으며, 지속 가능성 카테고리에서 인정받았습니다. 이 시스템은 가스 동력 장비에 비해 사용 중 60% 적은 CO2e 배출량을 생성하며, 리스트에서 유일한 도구 제조업체의 항목입니다. 6개 부품으로 구성된 무선 장비 시스템은 전기화 과정을 통해 콘크리트 작업 현장에서의 작업 흐름을 최적화하고, 가스 동력 장비의 불편함을 제거하면서도 성능을 유지합니다. 이 시스템은 건설 회사가 가스 장비에 관한 정부 규정을 준수하는 데 도움을 주며, DEWALT의 지속 가능한 작업 현장 솔루션에 대한 약속을 나타냅니다.

Le Système POWERSHIFT™ de DEWALT a été nommé l'une des Meilleures Inventions de 2024 par TIME, reconnu dans la catégorie durabilité. Le système, qui produit jusqu'à 60 % de moins d'émissions de CO2e pendant son utilisation par rapport aux équipements à essence, est la seule entrée de fabricant d'outils sur la liste. Le système d'équipements sans fil de six pièces optimise le flux de travail sur les chantiers de béton grâce à l'électrification, éliminant les tracas des équipements à essence tout en maintenant des performances élevées. Le système aide les entreprises de construction à se conformer aux réglementations gouvernementales concernant les équipements à essence et représente l'engagement de DEWALT envers des solutions de chantier durables.

Das POWERSHIFT™ System von DEWALT wurde als eine der Besten Erfindungen 2024 von TIME ausgezeichnet und in der Kategorie Nachhaltigkeit anerkannt. Das System, das im Vergleich zu benzinbetriebenen Geräten bis zu 60% weniger CO2e-Emissionen verursacht, ist der einzige Werkzeughersteller im Ranking. Das sechsteilige kabellose Gerätesystem optimiert den Arbeitsablauf auf Betonbaustellen durch Elektrifizierung und beseitigt die Probleme mit benzinbetriebenen Geräten, während es gleichzeitig die Leistung aufrechterhält. Das System hilft Bauunternehmen, die Einhaltung der staatlichen Vorgaben zu benzinbetriebenen Geräten zu gewährleisten und symbolisiert DEWALTs Engagement für nachhaltige Baustellenlösungen.

Positive
  • Recognition in TIME's Best Inventions of 2024 enhances brand visibility and market position
  • 60% reduction in CO2e emissions compared to gas-powered alternatives
  • Helps customers comply with government mandates on gas equipment
  • Product line planned for expansion, indicating growth potential
Negative
  • None.

Insights

The DEWALT POWERSHIFT™ System's recognition by TIME, while prestigious, has minimal direct financial impact. The key business implications stem from the product's alignment with growing sustainability regulations and market demands. The system's 60% reduction in CO2 emissions positions Stanley Black & Decker strategically as construction companies face increasing pressure to adopt green solutions.

This concrete equipment system represents a strategic pivot towards electrification in a traditionally gas-dominated sector. While the immediate revenue impact may be modest, the longer-term opportunity lies in capturing market share as regulations force the transition away from gas-powered equipment. The planned expansion of the six-piece system suggests a committed product roadmap that could drive future growth in the professional construction segment.

  • DEWALT is the only tool manufacturer represented on TIME's List of the Best Inventions of 2024
  • The DEWALT POWERSHIFT System represents the future of sustainable solutions the concrete industry needs

TOWSON, Md., Nov. 7, 2024 /PRNewswire/ -- DEWALT, a Stanley Black & Decker (NYSE: SWK) brand and leader in total jobsite solutions, today announced the DEWALT POWERSHIFT System has been named as one of TIME's Best Inventions of 2024, an award that honors groundbreaking inventions that are changing how we live, work, play, and think about what's possible. The award recognizes the DEWALT POWERSHIFT System in the sustainability category. The DEWALT POWERSHIFT Cordless Equipment System can produce up to 60% less CO2e emissions during use versus gas-powered equipment.* DEWALT is the only tool manufacturer represented in TIME's Best Inventions of 2024.

The DEWALT POWERSHIFT System optimizes the workflow of concrete jobsites through electrified products, therefore eliminating the hassles of gas-powered equipment without compromising performance. The DEWALT POWERSHIFT System helps reduce carbon emissions during use and can help to enable construction companies to achieve compliance with government mandates regarding gas equipment.

"The DEWALT POWERSHIFT System was developed with the goal of making jobsites more efficient and more effective through innovation," said Frank Mannarino, President & General Manager of DEWALT, Stanley Black & Decker. "We are honored that TIME recognized it as a Best Invention of 2024. This achievement is a testament to the brand's vision and dedication to increasing efficiency for trade professionals while keeping sustainability top of mind. We heard from our end users that there was a need for more powerful and electrified tools for the jobsite, and we are proud to have delivered on that ask."

The six-piece DEWALT POWERSHIFT™ System, which will continue to expand, delivers a seamless transition from gas-powered to battery-operated projects, setting a new industry standard and represents the future of sustainable solutions the concrete industry needs.

TIME's Best Inventions of 2024 lists 200 groundbreaking inventions and 50 special mention inventions. To learn more about this year's recipients, visit: time.com/best-inventions-2024.

* Vs. leading competitors, average of individual DEWALT POWERSHIFT™ equipment weighted by lifetime emissions during use; US average grid output emission rates and grid loss based on the US EPA's eGRID2022 database, published Jan. 30, 2024 (epa.gov/egrid); fuel emissions factors based on the U.S. Energy Information Administration's Carbon Dioxide Emissions Coefficients for finished motor gasoline, published Sep. 7, 2023 (eia.gov).

About DEWALT
DEWALT, a Stanley Black & Decker brand, celebrates 100 years in business by continuing to provide our customers with total jobsite and outdoor solutions. By applying its latest technology to the challenges of today's skilled trades, DEWALT is leading the charge for the jobsite of the future and is pioneering the next generation of tools, outdoor equipment and forward-looking technologies. DEWALT products. GUARANTEED TOUGH®. For more information, visit www.dewalt.com or follow DEWALT on Facebook, Instagram, and LinkedIn.

About Stanley Black & Decker
Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company's approximately 50,000 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world's builders, tradespeople and DIYers. The Company's world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on FacebookInstagramLinkedIn and X.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dewalt-powershift-system-named-to-times-list-of-the-best-inventions-of-2024-302298078.html

SOURCE DEWALT

FAQ

What is the CO2e emission reduction of DEWALT POWERSHIFT System compared to gas-powered equipment?

The DEWALT POWERSHIFT System produces up to 60% less CO2e emissions during use compared to gas-powered equipment.

How many pieces are in the DEWALT POWERSHIFT System (SWK)?

The DEWALT POWERSHIFT System currently consists of six pieces and is planned for expansion.

What recognition did DEWALT POWERSHIFT System receive in 2024?

The DEWALT POWERSHIFT System was named one of TIME's Best Inventions of 2024 in the sustainability category.

Is DEWALT (SWK) the only tool manufacturer on TIME's Best Inventions of 2024?

Yes, DEWALT is the only tool manufacturer represented on TIME's List of the Best Inventions of 2024.

Stanley Black & Decker, Inc.

NYSE:SWK

SWK Rankings

SWK Latest News

SWK Stock Data

12.39B
153.75M
0.26%
90.26%
3.01%
Tools & Accessories
Cutlery, Handtools & General Hardware
Link
United States of America
NEW BRITAIN